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Zappa replied Mar 21, 2014Exited NZDJPY for a very small profit. USDJPY order never got filled. Missed by a couple pips. Just went long GBPJPY
Zappa's Journal
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Zappa replied Mar 20, 2014NZDJPY trade still underway. Next trade is USDJPY long. ENTRY, STOP, TARGET = red lines
Zappa's Journal
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Zappa replied Mar 18, 2014Yep. Every mistake is a chance to grow. There are usually several lessons to take away from each loss, especially ones you really thought out but were just wrong. We'd all love to win every time, but unfortunately that is an extremely hard thing to ...
GBPNZD trading calls
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Zappa replied Mar 18, 2014I'll admit, first USDCAD trade was definitely a revenge trade. It was not thought out for very long. I have had my eye on this pair while also trading GBPNZD, but today's USDCAD loss was a trade put on too quickly, I agree. I've been doing some ...
USD/CAD
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Zappa replied Mar 18, 2014I'm done trying to catch a bottom on this pair, but I'm watching 1.9080. I won't buy there, but if price makes a nice move off that spot, I might try to jump in on some retracement. I think the biggest lesson I learned (again) is that trying to ...
GBPNZD trading calls
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Zappa replied Mar 18, 2014I don't think my last trade even moved one pip in my favor. Just a straight shot to my stop! Hopefully this one will work out better. I see a different scenario now. Going short here. Stop/target on chart.
USD/CAD
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Zappa replied Mar 18, 2014Adjusting stop/target. Will then try a buy order at same spot as target and I'll give that one a 55 pip stop. Target will be 1.1224.
USD/CAD
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Zappa replied Mar 18, 2014Better than what I did. Well, I must have something seriously fucked up here, so I am taking a break from this pair. Already took a USDCAD trade short. I had a nice winning streak going before getting involved with this pair. Well, this is why I ...
GBPNZD trading calls
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Zappa replied Mar 18, 2014Jeez this pair is being tough! I have raised my stop to the line in chart. If it goes there, I'll wait to see what happens before/if I jump back in.
GBPNZD trading calls
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Zappa replied Mar 18, 2014Cool. Looks like we're on the same train then. And that's a great quote. I've seen it many times, but the best quotes are worth reading over and over throughout life. I thought I'd post a little observation I've made, and one I've noticed happen on ...
GBPNZD trading calls
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Zappa replied Mar 17, 2014Sounds like a plan.
Well, I put a stop all the way down to 1.8862. If it goes down there, I'll be shocked. It's still a 1:3 trade. I was trying to be too cute with that small stop at 1.9380. I always do better when I give myself more room ...GBPNZD trading calls
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Zappa replied Mar 17, 2014Nothing worse than waking up to see you were stopped out. Well, now I'm down 5% trying to catch a spot on this pair. Call me stubborn, but I just can't make myself believe that a long term high is in. I am back in at 1.9369, and now I am putting a ...
GBPNZD trading calls
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Zappa replied Mar 14, 2014Market can either go up slow (waves) or go up fast (no retracements). Whichever one it chooses is fine by me. If it goes straight up, like the chart below, I won't be able to add as much or take out profits for a better price later, but I'll make ...
GBPNZD trading calls
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Zappa replied Mar 14, 2014The only advice I'd offer on this is don't get so locked in to price hitting your target (even if it already came soooo close) that you overlook signs that your target ain't going to be reached. I am not saying your target won't be reached. I'm just ...
GBPNZD trading calls
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Zappa replied Mar 14, 2014Consider it booked.
Alright, guys, gotta go now. Have a great weekend.GBPNZD trading calls
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Zappa replied Mar 14, 2014Cool. Your analysis is welcomed. I'm glad we finally have some discussion in here.
GBPNZD trading calls